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First Digital Eyes Agentic Commerce Expansion With SPAC Listing

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First Digital Eyes Agentic Commerce Expansion With SPAC Listing

Hong Kong-based stablecoin issuer First Digital says it is ready for its stock market debut.

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The Nasdaq listing is designed to help First Digital fund the expansion of Finance District, “ecosystem for the agentic economy,” the company said in a Wednesday (Oct. 7) news release.

Vincent Chok, First Digital’s founder and CEO, said the company sees Finance District as providing “the infrastructure that people and their AI agents will need as commerce becomes agentic.”

“We are at the beginning of that industry. A Nasdaq listing would give us access to public capital markets, the transparency of a listed company, and shareholders who can participate in building it with us,” added Chok.

Four Finance District products are already live, the release added. These include District Pass, the “single identity credential used across the ecosystem,” and Agent Wallet is a multi-chain wallet that artificial intelligence agents operate via the Model Context Protocol.

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There’s also Prism, tooling that lets merchants and eCommerce platforms accept digital asset payments from customers and AI agents, and an AI assistant that helps users “transact and manage their activity across the platform.”

Meanwhile, First Digital says it is extending “the range of venues and applications” in which FDUSD is used for settlement within Finance District, as well as across centralized and decentralized exchanges and DeFi platforms.


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